6 E Sidney Ave - Apartments FOR SALE


Mount Vernon, NY 10550
$5,975,000 USD
917-523-1274
6 E Sidney Ave, Mount Vernon, NY for Sale
$5,975,000 USD
Apartments - FOR SALE
1/29
null | 8.74% Cap Rate

6 E Sidney Ave
Mount Vernon, NY 10550


OVERVIEW

Kassin Sabbagh Realty (KSR) is proud to offer 6 E. Sidney Avenue, a 27,000 sq. ft. mixed-use building on the corner of Gramatan and E. Sidney Ave in Mt. Vernon. This property includes 24 apartments and 6 retail units, with 18 units recently renovated for modern living. A BRAND NEW BOILER AND HOT WATER HEATER HAVE BEEN INSTALLED, AND THE PROPERTY IS CONVERTED FROM OIL TO GAS. Retail tenants cover real estate taxes, insurance, and water expenses, adding financial stability. The property is close to bus lines, the Metro-North at Mt. Vernon East, and the Bronx River Parkway. Additionally, it's surrounded by grocery stores, restaurants, banks, and transit options (2, 5, MTA) within 2-6 minutes.

FOR SALE DETAILS

PRICE

$5,975,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

24

PRICE/UNIT

$248,958

CAP RATE

8.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW BOILER AND HOT WATER HEATER-OIL TO GAS !

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

NB

APN/PARCEL ID

0800-165-062-01117-000-0022

ASK ABOUT THIS PROPERTY

Samia FarahKassin Sabbagh RealtyMore Info
917-523-1274

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Samia FarahKassin Sabbagh RealtyMore Info
917-523-1274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.